How Validators Work
Validators on Berachain network play a crucial role in maintaining the network's security and consensus. Berachain relies on Proof-of-Liquidity (PoL) consensus mechinism where validators are awarded BGT when they propose a new block.
Validators are randomly selected to propose new blocks or attest to the validity of proposed blocks. BGT incentivizes validators to act honestly and reliably, as they are more aligned with the protocol. Validators earn rewards in the form of transaction fees and block rewards for their role in securing the network, providing a financial incentive for users to participate in the network's maintenance.
Random selection is weighted by the amount of BGT a validator has.
Whenever a validator is rewarded, they are responsible to share those rewards through a form of emissions where their awarded BGT is distributed through precompiled contract called Berachef which shares a certain percentage of the awards to specific whitelisted liquidity pools.
Learn more about BGT Emissions.
Bribes are a means for a validator to incentivize users to delegate
BGT to them instead of other validators. A bribe is given out each time a new block has been proposed by the validator chosen for the bribe. It should be noted that like bribes in real life, there is no guarantee that the entity being bribed will fulfill the expected bribe outcome.
Learn more about BGT Bribes.